Uranium Energy Corp Adds Two Industry
Professionals to its Advisory Board, Appoints Ed Brezinski as VP, Corporate
AUSTIN, TX - February 6, 2008 - Uranium Energy Corp is pleased to
announce the appointment of two leading industry professionals, Dr. John D.
Nelson and Anthony J. Thompson, to its Advisory Board. The Company is also
pleased to announce that Ed Brezinski is joining the Company as
Vice-President, Corporate Development. He had earlier served on the Advisory
Amir Adnani, president and CEO, said, "We welcome Dr. Nelson and
Mr. Thompson to the Advisory Board here. Dr. Nelson, one of North America's
foremost authorities in the management of uranium mine tailings, and Mr.
Thompson, legal counsel for environmental and occupational health and safety
issues for much of this industry, definitely bring the level of expertise to
distinguish our Company in developing state-of-the-art ISR and conventional
uranium projects. Mr. Brezinski is a welcome addition to the management team.
His in-depth experience in the uranium industry makes an excellent fit with
Uranium Energy Corp's growth profile."
Dr. John D. Nelson
Dr. Nelson is a professional engineer, with licenses in five states,
and a long-term professor of civil engineering at Colorado State University. As
a professor, he developed a major geotechnical engineering program for the
field of mine tailings management, primarily as it relates to uranium mining,
and is an industry expert in this specialized field.
Dr. Nelson served as the chairman of the Annual Conference on Tailings
and Mine Waste for 20 years. He is the senior author of a primary
report, Long-Term Stability of Uranium
Mill Tailings, prepared for the Nuclear Regulatory Commission
(NRC) -- a source document for environmental impact statements in this
industry. He also
served as a consultant to the NRC, including the review of all uranium
tailings management plans for mill licensing applications from 1978 until
1984. Since 1985, he has served as a consulting engineer for the mining
industry and has acted as the senior technical engineer for several tailings
dam projects including Uravan, Gas Hills, Maybell, and York Canyon.
Dr. Nelson received his
BSc, MSc and PhD in Civil Engineering from the Illinois Institute of
Technology in Chicago. He is Professor Emeritus at Colorado State
Mr. Thompson has been
practicing environmental and occupational health and safety law since the
mid-1970's. He is the primary outside counsel to the National Mining
Association (NMA) for uranium issues, and he has represented much of the
domestic uranium mining and milling industry either as counsel to NMA or as
counsel to individual licensees since the late 1970's. He is the prime author
of NMA's White Paper entitled "Recommendations for a Coordinated
Approach to Regulating the Uranium Recovery Industry." Mr.
Thompson received his BA in History from Princeton University and his law
degree from the University of Virginia School of Law. He is a member of the
American Nuclear Society, the American Bar Association and the Society for
Mining, Metallurgy, and Exploration.
Mr. Brezinski has 20+
years of service with utility companies and with nuclear fuel traders and
brokers. His experience has been focused on marketing, trading and
brokerage of uranium and related products, market analysis, inventory
management, and the procurement and contracting for nuclear fuel, fuel
services and other vital nuclear power plant services. While at
Northeast Utilities, he acted as lead purchaser of uranium concentrates, and
conversion, enrichment and fabrication services. He also worked in a
similar lead trader or broker capacity for UG USA, Nukem Inc, and NYNCO
trading and brokerage companies.
Mr. Brezinski most
recently served as Vice President of Nuclear Fuel Supply for NYSE-listed
Energy Solutions Inc. He has a Bachelor of Science in Radiological
Health Physics, and an MBA in Finance and International Business.
Uranium Energy Corp
(AMEX: UEC) is a US-based junior resource company with the objective of
becoming a near-term ISR uranium producer in the United States. The
Company controls one of the largest historical uranium exploration and
development databases in the US. Through the use of these databases,
the Company has acquired advanced uranium properties throughout the
southwestern US. The operational management is comprised of pre-eminent
uranium mining and exploration professionals whose collective experience in
this industry gives the Company ongoing uranium mine-finding and mine
America: Investor Relations, Uranium Energy Corp
Toll Free: (866) 748-1030
Phone: (604) 682-9775
Fax: (604) 682-3591
American Stock Exchange Symbol: UEC
Frankfurt Stock Exchange Symbol: U6Z
Berlin Stock Exchange Symbol: U6Z
This news release
contains forward-looking statements within the meaning of Section 27A of the
United States Securities Act of 1933,
as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended.
Statements in this news release, which are not purely historical, are
forward-looking statements and include any statements regarding beliefs,
plans, expectations or intentions regarding the future. These
statements involve risks and uncertainties which could cause actual results
to differ materially from those in the forward-looking statements contained
herein. Such risks and uncertainties may include, but are not limited
to, the impact of competitive products, the ability to meet customer demand,
the ability to manage growth, acquisitions of technology, equipment or human
resources, the effect of economic and business conditions, the ability to
attract and retain skilled personnel and factors outside the control of the Company.
These forward-looking statements are made as of the date of this news
release, and the Company assumes no obligation to update the forward-looking
statements or to update the reasons why actual results could differ from
those projected in the forward-looking statements. Although the Company
believes that the beliefs, plans, expectations and intentions contained in
this news release are reasonable, there can be no assurance those beliefs,
plans, expectations or intentions will prove to be accurate. Investors
should consider all of the information set forth herein and should also refer
to the risk factors disclosed in the Company's periodic reports filed from
time-to-time with the United States Securities and Exchange Commission.
This news release shall not constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of these securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such